R&D Spending Showdown: Takeda Pharmaceutical Company Limited vs Evotec SE

Takeda vs. Evotec: A Decade of R&D Investment

__timestampEvotec SETakeda Pharmaceutical Company Limited
Wednesday, January 1, 201412404000382096000000
Thursday, January 1, 201518343000345927000000
Friday, January 1, 201618108000312303000000
Sunday, January 1, 201717614000325441000000
Monday, January 1, 201835619000368298000000
Tuesday, January 1, 201958432000492381000000
Wednesday, January 1, 202063945000455833000000
Friday, January 1, 202172200000526087000000
Saturday, January 1, 202276642000633325000000
Sunday, January 1, 202357519000729924000000
Monday, January 1, 2024729924000000
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Cracking the code

R&D Spending: A Tale of Two Giants

In the competitive world of pharmaceuticals, research and development (R&D) is the lifeblood of innovation. Over the past decade, Takeda Pharmaceutical Company Limited and Evotec SE have been at the forefront of this race. Takeda, a Japanese powerhouse, has consistently outpaced its German counterpart, Evotec, in R&D spending. In 2023, Takeda's R&D expenses soared to a staggering 730 billion yen, marking a 91% increase since 2014. In contrast, Evotec's R&D investment grew by 364% over the same period, reaching 77 million euros in 2022. This disparity highlights Takeda's robust commitment to innovation, despite Evotec's impressive growth trajectory. However, 2024 data for Evotec remains elusive, leaving room for speculation on its future strategy. As these two giants continue to invest in groundbreaking research, the pharmaceutical landscape is set for exciting developments.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025